Centura Health Corporation is located in Centennial, CO. The organization was established in 1996. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. As of 06/2021, Centura Health Corporation employed 5,083 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centura Health Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2020, Centura Health Corporation generated $478.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $477.5m during the year ending 06/2020. While expenses have increased by 4.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Centura Health Corporation has awarded 62 individual grants totaling $1,978,221. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
CENTURA HEALTH CORPORATION, A FAITH-BASED ORGANIZATION, INVESTS IN CHARITY CARE, COMMUNITY PROGRAMS AND SPONSORSHIPS DESIGNED TO NURTURE THE HEALTH OF THE PEOPLE IN THE COMMUNITIES IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THROUGH A JOINT OPERATING AGREEMENT BETWEEN COMMONSPIRIT HEALTH F/K/A CATHOLIC HEALTH INITIATIVES AND ADVENTIST HEALTH SYSTEM SUNBELT HEALTHCARE CORP (ADVENTIST HEALTH SYSTEM N/K/A ADVENTHEALTH), CENTURA HEALTH CORPORATION (CHC) PROVIDES MANAGEMENT SERVICES TO 17 ACUTE HOSPITAL CAMPUSES, ALONG WITH NUMEROUS PHYSICIAN PRACTICES AND CLINICS. CHC ALSO PROVIDES MANAGEMENT SERVICES TO HOME CARE, RESIDENTIAL, ASSISTED LIVING, LONG-TERM AND HOSPICE SERVICES. CHC WAS CREATED TO ESTABLISH AN INTEGRATED HEALTH DELIVERY SYSTEM ACROSS COLORADO AND WESTERN KANSAS, WITH ONE VERY IMPORTANT VISION - TO PROVIDE WHOLE PERSON CARE TO EVERY COMMUNITY, EVERY NEIGHBORHOOD, EVERY LIFE. THE FACILITIES OPERATED BY CHC ARE SPONSORED BY ADVENTHEALTH AND COMMONSPIRIT HEALTH, BOTH OF WHICH ARE RELIGIOUS, NONPROFIT HEALTH SYSTEMS. AN ECOSYSTEM OF CONNECTED PEOPLE, SERVICES AND CARE SITES, CHC HAS CREATED A COMMON INFORMATION TECHNOLOGY PLATFORM THAT ALLOWS GREATER EFFICIENCIES AND SHARING OF INFORMATION ACROSS CHC FACILITIES. THIS RESULTS IN AN IMPROVEMENT IN HEALTH CARE DELIVERY REGARDLESS OF WHETHER THE PATIENT IS IN A RURAL OR URBAN AREA SERVED BY CENTURA FACILITIES. CHC PROVIDES DIRECT BENEFIT TO THE COMMUNITY THROUGH VARIOUS INITIATIVES. FROM ACCESS FOR THE UNINSURED, TO COMMUNITY CLASSES AND EDUCATION, CHC WORKS DILIGENTLY TO COORDINATE AND FACILITATE THE COMMUNITY BENEFIT ACTIVITIES OF ITS FACILITIES AND ENTITIES. CHC IS PASSIONATELY RESPONDING TO THE ONGOING NEEDS OF ITS NEIGHBORS, PATIENTS AND COMMUNITIES TO BUILD WHOLE PERSON CARE AND HEALTHY COMMUNITIES. SOME EXAMPLES OF THE SERVICES THE HEALTH SYSTEM PROVIDES INCLUDE THE FOLLOWING: ASK-A-NURSE CALL CENTER, A FREE COMMUNITY SERVICE FOR ALL COLORADOANS WITH A DIRECT LINK TO EXPERIENCED NURSES PROVIDING HANDS-ON CARE, INCLUDING CLASS SCHEDULING AND SYMPTOM CHECKER; OUR TWO HEALTH SETS (SERVICE, EMPOWERMENT, TRANSFORMATION) IN COLORADO SPRINGS AND DENVER WORKING TO INCREASE ACCESS TO SERVICES FOR THE UNINSURED AND UNDERINSURED; AND OUR PASTORAL NURSE PROGRAM HELPING TO MEET THE NEEDS OF OUR COMMUNITY'S HOMELESS. THROUGH A MULTITUDE OF EDUCATION PROGRAMS, PREVENTIVE CARE AND SAFETY INITIATIVES, HEALTH ADVOCACY, COUNSELING AND SUPPORT GROUPS, THE FACILITIES AND ENTITIES THAT FORM CHC ARE COMMITTED TO EXTENDING ITS MISSION TO SERVE ALL INDIVIDUALS THROUGHOUT ITS HOSPITALS, PHYSICIAN PRACTICES AND CLINICS, URGENT CARE AND EMERGENCY CENTERS, AND MORE. THE COST SAVINGS REALIZED BY THIS COORDINATED COMMUNITY BENEFIT MODEL ENABLES CENTURA FACILITIES AND ENTITIES TO DEDICATE ADDITIONAL RESOURCES TO PROVIDE HIGH-QUALITY HEALTH CARE AND COMMUNITY OUTREACH SERVICES TO THE MOST VULNERABLE MEMBERS OF SOCIETY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Banko Peter Board Member/pres/ceo | OfficerTrustee | 40 | $2,612,162 |
Dean Morre SVP Chief Integration | 50 | $2,398,620 | |
Sim Edward Exec Vp/coo | Officer | 50 | $1,624,861 |
Gessel Thomas Group Pres/ceo | Officer | 50 | $1,530,161 |
Enderson Dan Treas/cfo/svp(end 2/21)/group Pres(beg 3/21) | Officer | 40 | $1,345,898 |
Bacon Kenneth Group Pres(end 2/21)/board Mbr(beg 3/21) | Trustee | 33.3 | $1,326,972 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Huge Llc Marketing & Design Services | 6/29/21 | $7,535,597 |
G & G Organization Collection Services | 6/29/21 | $5,039,048 |
Surgio Llc Digital Health Mgmt Consulting Services | 6/29/21 | $1,858,088 |
Aspirion Legal, Collection & Consulting Services | 6/29/21 | $1,742,249 |
Shields Health Solutions Holdi Specialty Pharmacy Consulting Services | 6/29/21 | $1,443,608 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $331,840 |
Investment income | $1,553,523 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $101,517 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $478,768,711 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $4,379,836 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $199,574,053 |
Pension plan accruals and contributions | $9,711,143 |
Other employee benefits | $18,991,416 |
Payroll taxes | $17,802,665 |
Fees for services: Management | $0 |
Fees for services: Legal | $2,879,499 |
Fees for services: Accounting | $674,478 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $47,988,049 |
Advertising and promotion | $15,905,374 |
Office expenses | $10,124,911 |
Information technology | $54,316,108 |
Royalties | $0 |
Occupancy | $3,066,760 |
Travel | $2,725,799 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $5,112,636 |
Interest | $29,011 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $48,959,989 |
Insurance | $190,499 |
All other expenses | $0 |
Total functional expenses | $477,515,319 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,613,891 |
Savings and temporary cash investments | $81,241,127 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,534,133 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $22,033,757 |
Prepaid expenses and deferred charges | $47,803,926 |
Investments—publicly traded securities | $0 |
Investments—other securities | $53,097,161 |
Investments—program-related | $4,000,000 |
Intangible assets | $0 |
Other assets | $59,664,212 |
Total assets | $510,479,495 |
Accounts payable and accrued expenses | $204,873,806 |
Grants payable | $0 |
Deferred revenue | $58,692 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $33,815,710 |
Total liabilities | $238,748,208 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $271,731,287 |
Over the last fiscal year, Centura Health Corporation has awarded $851,701 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
Dallas, TX PURPOSE: General Support | $200,000 |
Denver, CO PURPOSE: General Support | $170,000 |
Colorado Springs, CO PURPOSE: General Support | $100,000 |
Denver, CO PURPOSE: General Support | $84,000 |
Cortez, CO PURPOSE: General Support | $68,431 |
FORT LEWIS COLLEGE PURPOSE: General Support | $40,000 |
Over the last fiscal year, we have identified 3 grants that Centura Health Corporation has recieved totaling $849,981.
Awarding Organization | Amount |
---|---|
Colorado Hospital Association Greenwood Village, CO PURPOSE: Support Organization | $394,520 |
Colorado Hospital Association Greenwood Village, CO PURPOSE: Support Organization | $394,520 |
Commonspirit Health Research Institute Englewood, CO PURPOSE: PROGRAM SERVICES | $60,941 |
Organization Name | Assets | Revenue |
---|---|---|
Alegent Health - Bergan Mercy Health System Omaha, NE | $1,132,748,535 | $611,302,606 |
Alegent Creighton Health Omaha, NE | $854,680,490 | $528,133,331 |
Centura Health Corporation Centennial, CO | $510,479,495 | $478,768,711 |
Integris Health Inc Oklahoma City, OK | $2,892,749,612 | $350,408,586 |
Banner-University Care Advantage Phoenix, AZ | $98,937,833 | $318,721,179 |
Scottsdale Healthcare Corp Scottsdale, AZ | $207,971,546 | $191,671,427 |
The Colorado Health Foundation Denver, CO | $3,147,950,102 | $151,395,784 |
Taos Health Systems Inc Holy Cross Hospital Taos, NM | $42,845,347 | $91,459,696 |
Nebraska Methodist Health System Inc Omaha, NE | $1,257,543,382 | $79,579,701 |
Lower Valley Hospital Association Fruita, CO | $64,162,006 | $78,174,068 |
Southwest Health System Inc Cortez, CO | $66,730,739 | $73,002,542 |
Diversus Health Inc Colorado Springs, CO | $69,056,645 | $59,817,758 |